The GBPJPY keeps the bullish bias – Analysis – 17-9-2019

Economies.com
2019-09-17 06:43AM UTC

The GBPJPY pair provided a new positive close above 133.70 level, to confirm its surrender to the expected bullish bias domination, and gaining an extra positive momentum makes us expect providing a new pressure on 135.10 level, and surpassing it will confirm targeting new positive levels that might begin at 136.50 and 137.35.

 

While the price attempt to reach below 133.70 level will increase the chances for forming a new negative trading, to expect suffering some losses by reaching the critical support at 132.60.

 

The expected trading range for today is between 133.7 and 135.10

 

The expected trend for today: Bullish

Forex and Currency News

USD/JPY news

Forex

Yen extends losses as Banks of Japan holds off intervention
2024-05-17 04:36AM UTC
Yen fell in Asian trade on Friday against a basket of major rivals, extending losses for the second ...
EUR/USD news

Forex

Euro extends gains to two-month highs amid positive outlook
2024-05-16 08:33AM UTC
Euro rose in European trade on Thursday against a basket of major rivals, extending gains for the ...
USD/JPY news

Forex

Yen gains ground as US treasury yields dip
2024-05-16 04:20AM UTC
Yen rose in Asian trade on Thursday against a basket of major rivals, extending gains for the ...

Forex Technical Analysis

GBP USD Analysis

Forex

The GBPUSD forecast update 17-05-2024
2024-05-17 09:10AM UTC
GBPUSD Price Analysis Expected Scenario The GBPUSD price provides additional negative ...
EUR USD Analysis

Forex

The EURUSD price forecast update - 17-05-2024
2024-05-17 09:09AM UTC
EURUSD Price Analysis Expected Scenario The EURUSD price shows additional negative trades ...
Technical Analysis

Forex

The GBPCHF repeats the attempt to exit the negative track – Forecast today – 17-5-2024
2024-05-17 07:18AM UTC
GBPCHF Price Analysis Expected Scenario The GBPCHF price returned to form new bullish ...